Seven tech giants signed Trump’s pledge to keep electricity costs from spiking around data centers
Source: The Verge
Event Summary
Trump summoned tech leaders to the White House on Wednesday, March 4, 2026, to sign pledges committing their companies to foot the electricity bill for energy‑hungry data centers.
Photo: Getty Images
Attendees
Leaders from the following companies met with President Donald Trump to sign a “rate payer protection pledge”:
- Meta
- Microsoft
- Oracle
- OpenAI
- Amazon
- xAI
The pledge is a response to growing bipartisan concerns that electricity rates could rise as tech companies and the Trump administration rush to build a new generation of AI data centers.
“[Tech companies] need some PR help because people think that if a data center goes in, their electricity prices are going to go up,” Trump said during the event. “Some centers were rejected by communities for that and now I think it’s going to be the opposite.”
Trump also signed a proclamation formally …
Read the full story at The Verge.